So what?

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Intrexon had several updates to share with investors during the month that helpto explain the strong market reaction. Here's a quick summary of the highlights:

The company announced it has released its genetically modified Aedes mosquitos in 10 additional Brazilian cities. The hope is that these "Friendly" male mosquitos will mate with wildfemale mosquitoes, spreading a gene that will kill their offspring before adulthood, suppressing the spread of viruses like Zika, dengue, and chikungunya in the region.

A bipartisan coalition of 61 Florida House members sent a letter to the U.S. government urging it to allow the state to use Intrexon's mosquitoes to control the local mosquito population. The letter even went so far as to say that delaying use of the technology could "[present] an unnecessary health risk"to the people ofFlorida andcould result in"the loss of human life."

Intrexon's collaboration partnerFibrocell Science announced that it had completed enrollment in its phase 1/2 clinical trial of FCX-007. This compound is a hopeful treatment for recessive dystrophic epidermolysis bullosa,a congenital and progressive skin disease.

Intrexon's subsidiary Okanagan Specialty Fruits won FDA approval for its ArcticFuji apple variety. This is the company's third FDA approval for a non-browning apple variety.

All in all, the news out of the company was universally positive, so it's easy to understand why shares jumped.

Now what?

Intrexon has turned into a mini-conglomerate over the last few years thanks to a series of acquisitions. In turn, Intrexon's revenue hasgrown substantially and it now owns several companies that are developing exciting technologies. If everything goes according to plan, it could lead to huge upside potential down the road.

Despite all the investor excitement over a potential Zika solution, it will likely still be several years before this or any of Intrexon's projects start to generate meaningful product revenue. In the meantime, market watchers are expecting Intrexon to continue racking up losses.

While Intrexon is a fascinating company, it is becoming increasingly difficult to keep tabs on all of the projects it's working on. Given the huge complexity, I for one plan on keeping far away from this stock.

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Brian Feroldi has no position in any stocks mentioned.Like this article? Follow him onTwitter where he goes by the handle@Longtermmindsetor connect with him on LinkedIn to see more articles like this.